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Last Updated: 03/29/2023


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All About

Living In New Castle, KY

A small town located in Kentucky, New Castle has slightly more than 1,000 residents. Retirees account for a greater percentage of the population (25%) here than nationally (14%), while young professionals are less well-represented. Overall, the town's residents, with an average age of just under 44, skew older than most cities in Kentucky. A small majority of residents own their homes (54%) as opposed to renting (46%) in New Castle. The average rent of $834 per month is just above the state average.

Compared to the national average, New Castle has a high concentration of residents over the age of 25 who have earned a high school degree or GED (33%). Additionally, 3% have earned a Bachelor's degree and 2% possess a Master's or Doctoral degree. Many New Castle residents work in one of three industries: healthcare, manufacturing, and retail. Combined, these industries account for 23% of the town's labor force. New Castle workers bring in an average annual income of about $47K, less than the average Kentucky resident. New Castle's average income also falls below the national average of $73,345.

New Castle has an average commute time of about 27 minutes. Many residents (35%) commute to work by car or truck, while public transportation is not used. Walking isn't a common method of commuting to work.

Frequently Asked Questions About New Castle

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